According to the public record, 409B, Whalebone Lane North, Romford is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 409, Whalebone Lane North, Romford, RM6.
Whalebone Lane North, Romford, RM6 is located in the borough of Barking and Dagenham within the RM6 postal district.
409B, Whalebone Lane North, Romford has 21 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 409B Whalebone Lane North Romford as £190,961 and the rental value as £1,065 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 409B Whalebone Lane North Romford has increased by £1,477 (0.8%) and its rental value has increased by £61 per month (5.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 409B, Whalebone Lane North, Romford is in very good condition we estimate a sale value of £200,509 and rental value of £1,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,594 and a rental value of £991 per month.
If you were able to purchase this property for the estimated value of £190,961, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £939 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 409B, Whalebone Lane North, Romford was last sold on 29 May 2007 for £134,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 49.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 409B, Whalebone Lane North, Romford within a radius of 450 metres over the last 2 years.
The most recent example is 34, Lansbury Avenue, Romford, RM6 6SD, a Leasehold flat which sold for £178,000 in May 2021.
Read more about house prices in RM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whalebone Lane North, Romford, RM6 has a total of 138 addresses. According to our analysis of all the public data, 409B, Whalebone Lane North, Romford is the 136th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in RM6.
409B, Whalebone Lane North, Romford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 409B, Whalebone Lane North, Romford is Chadwell Heath station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 409B, Whalebone Lane North, Romford, 37.1% of property is privately rented and 35.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 409B, Whalebone Lane North, Romford, 24.6% of residents are recorded as possessing school level qualifications and 32.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 409B, Whalebone Lane North, Romford, the average age was 35.3 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 409B, Whalebone Lane North, Romford, 0.9% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 409B, Whalebone Lane North, Romford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.